LSQYX: Invesco Long/Short Equity Y

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LSQYX Invesco Long/Short Equity Y


Profile

LSQYX - Profile

Vitals

  • YTD Return -2.7%
  • 3 Yr Annualized Return -12.8%
  • 5 Yr Annualized Return -6.4%
  • Net Assets $51.3 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$8.01
$7.87
$9.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.40%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 92.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return -2.7%
  • 3 Yr Annualized Total Return -8.4%
  • 5 Yr Annualized Total Return -3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Long/Short Equity Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Dec 19, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Abata

Fund Description

The fund invests in long positions of equities that are believed to be undervalued, in short positions of equities that are believed to be overvalued and in equity-related derivative instruments. It will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and in derivatives and other instruments that have economic characteristics similar to such securities. The fund invests primarily in equity securities and other investments that have exposure to U.S. large capitalization issuers.


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Categories

Performance

LSQYX - Performance

Return Ranking - Trailing

Period LSQYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -20.1% 16.3% 70.06%
1 Yr -14.4% -60.2% 60.6% 76.90%
3 Yr -12.8%* -25.5% 31.9% 77.54%
5 Yr -6.4%* -26.1% 25.2% 66.98%
10 Yr N/A* -8.5% 32.3% N/A

* Annualized

Return Ranking - Calendar

Period LSQYX Return Category Return Low Category Return High Rank in Category (%)
2019 -10.0% -52.1% 71.9% 96.04%
2018 -23.8% -43.8% 7.5% 86.05%
2017 2.0% -25.3% 59.5% 64.23%
2016 7.9% -24.5% 47.9% 47.77%
2015 -3.6% -65.1% 11.8% 25.24%

Total Return Ranking - Trailing

Period LSQYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -20.1% 16.3% 70.06%
1 Yr -14.4% -60.2% 60.6% 76.60%
3 Yr -8.4%* -25.5% 37.1% 74.64%
5 Yr -3.4%* -26.1% 28.2% 64.19%
10 Yr N/A* -8.0% 34.0% N/A

* Annualized

Total Return Ranking - Calendar

Period LSQYX Return Category Return Low Category Return High Rank in Category (%)
2019 -10.0% -52.1% 71.9% 96.95%
2018 -23.8% -38.4% 8.2% 90.82%
2017 18.5% -25.3% 68.6% 17.15%
2016 8.6% -24.5% 65.5% 51.82%
2015 -3.6% -65.1% 11.8% 31.90%

NAV & Total Return History


Holdings

LSQYX - Holdings

Concentration Analysis

LSQYX Category Low Category High LSQYX % Rank
Net Assets 51.3 M 1.07 M 8.07 B 63.34%
Number of Holdings 211 3 1896 17.10%
Net Assets in Top 10 9.1 M -2.74 M 2.11 B 77.97%
Weighting of Top 10 N/A 12.9% 238.7% 3.15%

Top 10 Holdings

  1. Long Short Eq Basket Long Swap Usd 102.46%
  2. Long Short Eq Basket Long Swap Usd 101.45%
  3. Leidos Holdings Inc 2.13%
  4. CDW Corp 2.06%
  5. Regeneron Pharmaceuticals Inc 2.05%
  6. CF Industries Holdings Inc 2.04%
  7. Dover Corp 2.03%
  8. Vertex Pharmaceuticals Inc 2.03%
  9. Equity Lifestyle Properties Inc 2.02%
  10. Eaton Corp PLC 2.02%

Asset Allocation

Weighting Return Low Return High LSQYX % Rank
Stocks
95.42% 80.15% 188.60% 70.72%
Cash
3.57% -93.51% 58.00% 25.22%
Other
1.01% -65.39% 24.96% 11.59%
Preferred Stocks
0.00% 0.00% 9.95% 83.19%
Convertible Bonds
0.00% 0.00% 3.64% 82.03%
Bonds
0.00% -81.18% 78.08% 80.87%

Stock Sector Breakdown

Weighting Return Low Return High LSQYX % Rank
Healthcare
17.19% 0.00% 99.62% 10.70%
Technology
16.19% 0.00% 57.56% 43.43%
Industrials
11.91% 0.00% 49.77% 23.24%
Consumer Cyclical
11.82% 0.00% 34.98% 22.32%
Financial Services
11.70% 0.00% 60.67% 50.46%
Energy
7.02% 0.00% 100.00% 42.20%
Real Estate
6.84% 0.00% 99.68% 14.07%
Consumer Defense
5.98% 0.00% 20.50% 49.85%
Communication Services
5.97% 0.00% 20.99% 34.56%
Basic Materials
3.70% 0.00% 10.91% 25.38%
Utilities
1.67% 0.00% 37.40% 61.47%

Stock Geographic Breakdown

Weighting Return Low Return High LSQYX % Rank
US
85.57% 80.15% 186.80% 78.55%
Non US
9.85% -0.33% 39.88% 11.30%

Expenses

LSQYX - Expenses

Operational Fees

LSQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.40% 0.37% 37.17% 72.70%
Management Fee 0.80% 0.03% 2.64% 31.59%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

LSQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LSQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LSQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 92.00% 0.00% 5191.00% 66.06%

Distributions

LSQYX - Distributions

Dividend Yield Analysis

LSQYX Category Low Category High LSQYX % Rank
Dividend Yield 0.00% 0.00% 11.75% 89.57%

Dividend Distribution Analysis

LSQYX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

LSQYX Category Low Category High LSQYX % Rank
Net Income Ratio 0.71% -49.00% 4.56% 33.74%

Capital Gain Distribution Analysis

LSQYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LSQYX - Fund Manager Analysis

Managers

Michael Abata


Start Date

Tenure

Tenure Rank

Dec 19, 2013

6.12

6.1%

Michael Abata, CFA, Director of Research, Portfolio Manager, joined Invesco in 2011 as a research analyst. He was promoted to portfolio manager in 2013 and to Director of Research in 2016. Prior to 2011, he was employed by State Street Global Markets, Putnam Investment Management, Alliance Capital, and I/B/E/S International. Mr. Abata earned a BA degree in economics from Binghamton University. He is a CFA charterholder.

Glen Murphy


Start Date

Tenure

Tenure Rank

Dec 19, 2013

6.12

6.1%

Glen Murphy is a portfolio manager with the Global Quantitative Equity team. Mr. Murphy joined Invesco in 1995 as a portfolio administrator and became a portfolio manager in 1998. Prior to joining Invesco, he was a manager in the fund accounting department at The Boston Company. Mr. Murphy earned a Bachelor of Arts degree in business administration from the University of Massachusetts at Amherst and a Master of Science degree in finance from Boston College. He is a CFA charter holder and a member of the Boston Security Analysts Society. He is also registered with the National Futures Association (NFA) as an associated person of Invesco and as a branch manager.

Anthony Munchak


Start Date

Tenure

Tenure Rank

Dec 19, 2013

6.12

6.1%

Anthony Munchak is a portfolio manager with the Global Quantitative Equity team. Prior to joining Invesco in 2000, Mr. Munchak was a portfolio manager at Guaranty Capital Corp. for two years. He also held a number of finance roles in his five years at Fidelity Investments. Prior to Fidelity, he was a registered representative at the investment banking firm of Fechtor, Detwiler & Co. in Boston. Mr. Munchak earned Bachelor of Science and Master of Science degrees in finance from Boston College. He also earned a Master of Business Administration degree from Bentley College. Mr. Munchak is a CFA charterholder and a member of the Boston Security Analysts Society.

Francis Orlando


Start Date

Tenure

Tenure Rank

Dec 19, 2013

6.12

6.1%

Francis Orlando is a portfolio manager with the Global Quantitative Equity team. Mr. Orlando began his investment career with Invesco in 1987. Prior to joining the Global Quantitative Equity team in 2001, he was a portfolio manager with the fixed income group. Mr. Orlando earned a Bachelor of Arts degree in business administration from Merrimack College and a Master of Business Administration degree from Boston University. He is a CFA charterholder and a member of the Boston Security Analysts Society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 41.62 6.11 9.84